Benin Unveils 5-Year Action Plan to Uplift from Poverty
Benin’s President Patrice Talon and his government are planning to spend $15 billion to implement a 5-year action plan meant to boost development of the […]
the African Development Bank
Algeria: AfDB Approves €900 Million Loan to Enhance Industrial Competitiveness
Algiers Wednesday saw its SOS message to the African Development Bank (afDB) heeded as the continental financial institution agreed to release €900 million to support […]
Ecobank Gets $310 mln Loan from AfDB
The African Development Bank (AFDB) has approved a $310 million trade finance loan for Ecobank Transnational incorporated, parent company of the Ecobank Group, Africanews reported […]
Tanzania Gets $259 mln Funding for Power Grid
The African Development Bank and the Japan International Cooperation Agency have granted $258.82 million to Tanzanian government for a high voltage electricity line to connect […]
AfDB to Support El Nino-Hit Countries
The president of the African Development Bank (AfDB) Akinwumi Adesina on Tuesday called for action to support African countries affected by drought and climate change […]
Mozambique Ailing Economy Gets Support from AfDB
The African Development Bank (AfDB) on Monday said it will disburse $1.7 billion to assist Mozambique, hard hit by the slump in commodity prices. The […]
Morocco: First Plant of Mega Solar Project Inaugurated
King Mohammed VI chaired, on Thursday, in Ouarzazate, the official takeoff of Noor I, the first plant of the Ouarzazate solar complex, and launched the […]
Nigeria needs $1 bln budget support loan from AfDB
The African Development Bank (AfDB) on Tuesday said the federal government of Nigeria had requested a ‘Budget Support Loan’ of $1 billion to enable it […]
Nigeria: NGOs to launch “Stop the Bleeding” campaign
Nigeria is bleeding. But it’s not a physical wound; it’s a financial one, and it’s allowing more to leave in illicit flows – money that […]